The $ 180 million facility is expected to produce 100 million doses of mRNA vaccines annually.
“It’s important to have production in Canada,” said Prime Minister Justin Trinto at McGill University, alongside Moderna CEO Stéphane Bancel and Quebec Prime Minister François Legault.
“We are strengthening our ability to respond to viruses.”
Details of its exact location are still pending. Minister of Innovation, Science and Industry François-Philippe Champagne, who was also present, said the company was still in the process of purchasing potential sites.
Construction of the plant will begin sometime this year and is expected to be completed by 2024.
Legault said the plant would better prepare the province for future pandemics by strengthening domestic supply chains and vaccine autonomy.
“We had a difficult two years,” he said. “We had to look for masks, medical gowns and then vaccines. We learned that we are better served on our own.”
Canada’s manufacturing industry is booming, Legault admitted, but what remains is a focus on Quebec and the greater Toronto area, both of which were candidates for the plant.
“Today I am pleased to announce that Quebec has won the battle for the Moderna facility.”
The facility will also include a research center working with researchers from McGill University, who have signed a partnership with the company, and will have the ability to produce mRNA vaccines against other respiratory viruses, including seasonal flu. Funding for this research is expected to come from Moderna.
“For the first time in the history of medicine, we have a molecule that is an information molecule that changes everything. It’s like going from Blockbuster to Netflix – it’s a paradigm shift,” Bancel said.
The company has signed a 10-year partnership with the federal government to operate the facility, he said.
CLOCKS Justin Trudeau announces Moderna’s new plant in Quebec:
Justin Trudeau announces Moderna’s new plant in Quebec
The first factory of the American pharmaceutical giant Moderna outside the USA will be located in the Montreal area. 1:09
“The Government of Canada was one of our first global partners in the very early days of COVID,” Bancel added. “When I was raising money in 2020, we did not have the financial strength to put this industrial machine into operation and Canada was one of the few countries here to help.”
Details of the deal between Moderna and the governments of Quebec and Canada have not been released. It is not yet clear how much public money will be allocated to fund the $ 180 million facility.
Moderna signed a memorandum of understanding with the federal government last August to bring such a plant to Canada. A federal government press release on Friday said the parties were still working on details of the deal.
Moderna leads to vaccine inequality, critics say
The Council of Canada’s defense team condemned the cooperation, saying it would only deepen global inequality in the vaccine sector. “We are laying the red carpet for a company that has been the architect of a massive unequal distribution of vaccine doses around the world. So unequal that the World Health Organization has called it the apartheid vaccine,” said Nicholas Barry Shaw, a professional. and privatization activist with the council. Champagne told reporters Friday that the government hopes Canada will retain preferential treatment for the vaccines produced on the facility. “If Moderna is going to make vaccines in Canada, Canadians will be first in line.” As long as vaccines for COVID-19 are widely available in low-income countries, the virus and new variants will continue to spread, Barry Shaw said. “We believe we should spend public money on building public capacity and sharing technology,” he said, adding that WTO countries were calling on giants such as Moderna and Pfizer to revoke vaccine patents. CLOCKS The Moderna executive says a local presence could mean a smoother future vaccine distribution:
Moderna spokesman says Canadian plant would put country in better position for future pandemics
Moderna Canada general manager Patricia Gauthier says having a manufacturing plant here will prevent delays in the release of vaccines in the event of another pandemic. 6:03
title: “The Montreal Facility In The Montreal Area Is Expected To Produce 100 Million Doses Of Vaccine By 2024 Klmat” ShowToc: true date: “2022-11-17” author: “Paul Brissett”
The $ 180 million facility is expected to produce 100 million doses of mRNA vaccines annually.
“It’s important to have production in Canada,” said Prime Minister Justin Trinto at McGill University, alongside Moderna CEO Stéphane Bancel and Quebec Prime Minister François Legault.
“We are strengthening our ability to respond to viruses.”
Details of its exact location are still pending. Minister of Innovation, Science and Industry François-Philippe Champagne, who was also present, said the company was still in the process of purchasing potential sites.
Construction of the plant will begin sometime this year and is expected to be completed by 2024.
Legault said the plant would better prepare the province for future pandemics by strengthening domestic supply chains and vaccine autonomy.
“We had a difficult two years,” he said. “We had to look for masks, medical gowns and then vaccines. We learned that we are better served on our own.”
Canada’s manufacturing industry is booming, Legault admitted, but what remains is a focus on Quebec and the greater Toronto area, both of which were candidates for the plant.
“Today I am pleased to announce that Quebec has won the battle for the Moderna facility.”
The facility will also include a research center working with researchers from McGill University, who have signed a partnership with the company, and will have the ability to produce mRNA vaccines against other respiratory viruses, including seasonal flu. Funding for this research is expected to come from Moderna.
“For the first time in the history of medicine, we have a molecule that is an information molecule that changes everything. It’s like going from Blockbuster to Netflix – it’s a paradigm shift,” Bancel said.
The company has signed a 10-year partnership with the federal government to operate the facility, he said.
CLOCKS Justin Trudeau announces Moderna’s new plant in Quebec:
Justin Trudeau announces Moderna’s new plant in Quebec
The first factory of the American pharmaceutical giant Moderna outside the USA will be located in the Montreal area. 1:09
“The Government of Canada was one of our first global partners in the very early days of COVID,” Bancel added. “When I was raising money in 2020, we did not have the financial strength to put this industrial machine into operation and Canada was one of the few countries here to help.”
Details of the deal between Moderna and the governments of Quebec and Canada have not been released. It is not yet clear how much public money will be allocated to fund the $ 180 million facility.
Moderna signed a memorandum of understanding with the federal government last August to bring such a plant to Canada. A federal government press release on Friday said the parties were still working on details of the deal.
Moderna leads to vaccine inequality, critics say
The Council of Canada’s defense team condemned the cooperation, saying it would only deepen global inequality in the vaccine sector. “We are laying the red carpet for a company that has been the architect of a massive unequal distribution of vaccine doses around the world. So unequal that the World Health Organization has called it the apartheid vaccine,” said Nicholas Barry Shaw, a professional. and privatization activist with the council. Champagne told reporters Friday that the government hopes Canada will retain preferential treatment for the vaccines produced on the facility. “If Moderna is going to make vaccines in Canada, Canadians will be first in line.” As long as vaccines for COVID-19 are widely available in low-income countries, the virus and new variants will continue to spread, Barry Shaw said. “We believe we should spend public money on building public capacity and sharing technology,” he said, adding that WTO countries were calling on giants such as Moderna and Pfizer to revoke vaccine patents. CLOCKS The Moderna executive says a local presence could mean a smoother future vaccine distribution:
Moderna spokesman says Canadian plant would put country in better position for future pandemics
Moderna Canada general manager Patricia Gauthier says having a manufacturing plant here will prevent delays in the release of vaccines in the event of another pandemic. 6:03
